Lane Neave’s ability to work closely with your accountant, tax, and business advisor is a significant advantage when it comes to planning the next stage in the life of your business.
It’s a collaborative approach that ensures all aspects of the business succession process are addressed – leading to smoother and more successful transitions.
Our legal experts understand the intricacies of business succession planning and the importance of integrating legal, financial, and tax advice. By working side-by-side with your existing advisors, they can provide a holistic approach that works.
“One of the key benefits of this collaborative approach is the ability to create a well-structured plan that maximises tax efficiencies, protects personal assets, and safeguards the interests of all stakeholders,” says Senior Associate Andrew Neill.
“This is particularly important in succession planning, where the goal is to ensure the long-term sustainability of the business while minimising disruptions.”
Vendor financing and structured payments
Lane Neave’s experts can also help navigate the complexities of vendor financing and structured payments, making it easier for successors to enter the business, especially if they lack sufficient upfront capital.
“This level of detailed planning and coordination is essential for a smooth transition and the continued success of the business,” says Senior Associate Alex Stone.
“In today’s fast-paced business environment, having a team of experts who can work together effectively is more important than ever.”
- Email Andrew and Alex today to arrange an obligation-free, complimentary 30-minute consultation.
- Read more about our business succession expertise